Obama is going to levy a new tax on the top 50 banks to recoup 100 billion in taxpayer losses on the bailout. Gee, I thought Geithner said the taxpayers were making a profit? No doubt Obama's mombasa birth certificate will suddenly materialize soon.Reporting from Washington - President Obama plans to propose today a new tax on about 50 of the nation's largest financial institutions to recoup about $100 billion in expected losses on infusions of federal bailout money.The expected proposal comes a day after the heads of four giant banks admitted making mistakes and expressed regret for the financial crisis before a special panel investigating the causes of the massive meltdown.http://www.latimes.com/business/la-f...,2675381.story

Don't worry, the banks and financial institutions won't be hurt by this tax, they'll just pump their customers a little harder and make a 100 times whatever the taxes are. No, I am not cynical about this. I'm being realistic.

Banks telling homeowners about "moral obligations". LMAO, I haven't laughed this hard in days. I suppose it was morally ethical to charge high interest right?

Banks and large corporations only have morals and ethics when it suits them.

It's okay for bank executives to give themselves billions in bonuses while the banks are making billions in losses. But then it's "sir, you have a moral obligation to pay your debt to the bank - oh you can't get a job, well get ready for the eviction of your family"

Even when companies are making profits they can be scumbags. Apple is one of the worst and I'll never buy another Apple product as long as I live.

Here's a good example.....

Apple Fighting Macpro In Australia, Despite Is Using That Name For 26 Years

Dec 4th 2009

"Reader mick alerts us to a legal fight in Australia with Apple working hard to stop computer firm Macpro from being able to keep its name. The company has been in business since 1983, prior to Apple introducing the Macintosh (which happened in early 1984).

In other words, Macpro should have priority on the name. When Apple tried to register a trademark on Mac Pro, Macpro opposed it and won, but Apple keeps fighting, and Macrpo's boss thinks the company is just trying to force them into bankruptcy with legal bills (he's already spent $200,000).

He says he's offered reasonable settlements to Apple, but gets no response. Again, given Apple's early trademark fight with the Beatle's Apple Corp., you might think that it would be sensitive to bullying other companies over trademark issues... but apparently Apple thinks different(ly)."